Will US tariff to the rest of the world good for US and the world? End of global economy?

Looking forward to the future of business

US stock market dives on tariff announcement  Liberation day announcement.  End of free market  of WTO 

This post does not think so.   A day after the tariff announcement the US stock market made a spectacular dive not seen seen since 2020.   

Some possible results of the tariff:

1.  Higher prices for US goods, especially those that depends on subcontracting from abroad;

2.  Retaliatory tariff;

3.  Recession for US. 

4.  Global trade war.  

Trump made a mistake on this one?

Secrets to making tons of money

Looking forward to the future of business

Working hard, marrying the boss daughter, robbing a bank?

Unless you can do this, you will remain a salaried man, a worker, a paycheck to paycheck man.

You have to discover:

1.  One time set up  (from High Output Management by Andrew Grove)

2.  A code a program by Dan Martell

3   A template

4.  A program

5.   A system

6.   A book

7.   A hospital bed

8.   A university room

9.   A book

The universities, hospital, the book were breakthrough in human civilization.  

automate, repeat procedure without mucj effort

It can be an invention, a software, and which may be patented or copy righted.  

One does not have to reinvent the wheel.  The process can be repeated over and over again.

These are manifested as:

1.  A manufacturing plant like the modern plant to produce automobiles

2.  An OS like MS DOS

3.   A training video

4.   A time management software, a project management software

5.   A video editting kit

6.   A lawn mower, or potato harvester

7.    Pesticide, 

8.   Medicine vaccine

And all those people who are into this get rich    So whats your template to be discovered?

Profits from asset revaluation? - to make themselves Number 1?

Looking forward to the future of business

A business firm by a Filipino billionaire this post believes, used financial accounting magic (ledgermain) to post up his business to have earned P1trillion in profits.  While this may be legal and in accordance with GAAP, comparison with other companies can not be held acceptable:   all ready comparing apples and oranges.  Sales revenues as against asset revaluation.  And the business owner has to pay taxes on unrealized gain.  

The question is:   can you sell the properties at the published prices in the asset revaluation:    P200,000 memorial park plots anywehre in the Philippines..   X amount (hundreds of thousand pesos/sm at Villar city

What did the billionaire gain by revaluation?   Holding himself in high esteem in the business community?  Did he creeate wealth for others?  Did he create jobs?  Did he improve the econnomy?

Maybe we could do the same to our inventories and declare ourselves billionaires.  ?

Rappler on MVillar insane 2024 trillion profit